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How the Japanese Yen's troubles are bringing a smile to Maruti Suzuki

Typically, the value of imports, which are in yen, is 7-8 per cent of the company's annual revenue

Topics
Maruti Suzuki | Rupee | Rupee vs dollar

Shally Seth Mohile  |  Mumbai 

Maruti Suzuki India
Maruti’s net sales for the current year are estimated to be Rs 1.08 trillion (based on the average of five brokerages)

The recent currency volatility — rupee’s depreciation against international currencies — may have given heartburns to automakers that rely on imports or pay royalty to parent abroad. But for India, favourable movement of the — the currency that matters the most — against the Indian rupee, has given it reasons to cheer.

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First Published: Mon, June 20 2022. 06:10 IST
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